Many new entrants into job market still find work experience counting against them Dubai: Jobs in marketing, banking and healthcare are the top hiring sectors for new graduates in UAE. In the UAE, …
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UAE’s Utico eyes Dubai IPO amidst regional boom
The company is seeking a primary offering on the Dubai Financial Market and may consider a dual listing, according to a statement. Other banks involved in the IPO are Emirates NBD, First Abu Dhabi …
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Foreign Demand to Keep Dubai Property Prices on Steady Upward Course Reuters Poll
Dubai house prices are set to mostly rise steadily over the next two years, driven by demand from foreign investors, according to a Reuters poll of analysts, who cautioned that higher interest rates …
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Foreign Demand to Keep Dubai Property Prices on Steady Upward Course Reuters Poll
Dubai house prices are set to mostly rise steadily over the next two years, driven by demand from foreign investors, according to a Reuters poll of analysts, who cautioned that higher interest rates …
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Utico plans share buyback ahead of IPO and listing
Dubai: Utico, the UAE’s utility firm plans a share buyback ahead of its Initial Public Offering (IPO) and stock market listing later this year. The privately-owned firm is in talks with six banks for …
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UAE eyes booting investments in Egypt to $35B in 5 years
The UAE is looking forward to boosting its investments in Egypt to $35 billion over the coming five years after investment reached $20 billion now …
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UAE’s ADQ to Allocate $10 Billion in Investments in Partnership With Egypt, Jordan – WAM
Abu Dhabi state holding firm ADQ will allocate an investment fund of $10 billion towards projects arising from a partnership with Egypt and Jordan, the United Arab Emirates’ state news agency WAM …
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UAE: 7,434 vaccine doses administered in 24 hours
The UAE has administered 7,434 doses of the Covid-19 vaccine in … 1.93 billion as per the provisional reports by 7am today (Saturday). Meanwhile, the World Bank has approved $500 million in …
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Investors should not hold their breath over Qatar Airways IPO
If any IPO happens, that would only be by end of this decade Dubai: Qatar Airways, one of the biggest long-haul carriers in the world, would go for an IPO – but investors eyeing a chance will need to …
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Thetaray Wins“AML Solution Provider Of The Year Award” At Dubai’s Middle East Banking AI & Analytics Summit 2022
ThetaRay, a leading fintech providing AI-powered transaction monitoring technology, today announced it was named winner of the“AML Solution Provider of the Year Award” by Middle East Banking AI & …
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Want to visit the places you see on the new UAE banknotes? Read this
Learn about the UAE’s culture and history at these locations Dubai: Don’t have any plans for the weekend? How about a cultural trip across the UAE? For inspiration, you can simply pull out the …
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Abu Dhabi bourse rebounds ahead of Borouge IPO, Dubai flat
Stocks in Abu Dhabi rebounded on Friday, ahead of its biggest ever initial public offering (IPO) of petrochemicals firm Borouge, although the Dubai index ended flat.
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Middle East’s first special purpose acquisition company soars in Abu Dhabi trading debut
Trading follows the conclusion of ADC’s public subscription to retail and professional investors, which started on 12 May 2022 and raised a total of AED 367 million through an IPO of 36.7 million …
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UAE Nationals To Get Interest-Free House Loan Under New Policy
has revealed that the UAE Cabinet has endorsed a new policy for UAE nationals home finance or loan free of interest. Housing loans shall be financed through collaboration between the Sheikh Zayed …
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UAE’s first SPAC – ADC Acquisition Corp. – starts trading on ADX
Launched by ADQ and Chimera Investment, new SPAC raised Dh367m for acquisitions Dubai: Shares of the first UAE SPAC (Special Purpose Acquisition Company) has started trading on Abu Dhabi Securities …
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New policy for UAE nationals home finance: Suhail Al Mazrouei
has revealed that the UAE Cabinet has endorsed a new policy for UAE nationals home finance. According to the new policy, housing loans shall be financed through collaboration between the Sheikh Zayed …
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$176.02mln retirement pensions to be disbursed on May 27: UAE’s GPSSA
GPSSA explained that the number of individuals entitled to a pension in May 2022 is 44,794, compared to 41,277 in May 2021 …
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